Various domestic and imported edible oils were raised

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(Gujarat News Office) MUMBAI: The Mumbai Oilseeds Market was witnessing a surge in various domestic and imported edible oils today. The world market was booming. Manufacturing establishments are also firm. Meanwhile, the castor and castor market witnessed a tumultuous rally today. In the castor futures market, the price of Kiev jumped more than Rs.

Mumbai spot castor price increased by Rs 100 to Rs 200 while Mumbai spot castor oil price increased by Rs 50 per 10 kg today and variety price was quoted from Rs 150 to Rs 150.

In the wake of export inquiries against conditions like short supply, there was talk of the market becoming bullish and active. Meanwhile, in the Mumbai spot market, the price of 10 kg of imported palm oil rose by Rs 150 to Rs 15. The hawala resale traded at 100 to 150 tonnes.

Crude palm oil CPO Kandla was up by Rs 150. Soyoil prices rose to Rs 150 from Digam and Rs 15 to Rs 12 from Rifa. Peanut oil was priced at Rs 150 to Rs 120 and cottonseed oil was priced at Rs 150. On the Saurashtra side, there were indications that the price of cotton washed would increase from Rs.

In the world market, palm oil prices in Malaysia were up 3 points while in the US, soyoil prices were projected to be 3 to 4 points higher. In the Mumbai market, the price of sunflower was Rs.12 and Rs.1210 for ref.

Meanwhile, castor meal prices rose by Rs 100 per tonne in the Mumbai flour market. While the price of groundnut and cottonseed meal went up by Rs. However, the price of sunflower meal remained soft at Rs. Soymeal prices were quiet. Soybean income was 1 lakh 3 thousand times in Madhya Pradesh and 2 lakh 20 thousand times in All India.

On the Madhya Pradesh side, prices ranged from Rs 60 to Rs 70. In the first 10 days of February, there were indications that palm oil production in Malaysia was declining. In the first five days, production fell by 3 to 4 per cent, after which there was news of recovery. In the US, soybean prices remained soft after hitting a six-month high. The cultivation of rye has increased in France.

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